freecounterpoint: Pepe le putois pleurniche

Sunday, May 22, 2011

Pepe le putois pleurniche

4 comments:

Mr roT said...: Awwww. If only it had been Dominique de Pedee de Villepin.; 5/22/2011 11:34 AM
Tecumseh said...: A bad day for Pepe.; 5/22/2011 11:38 AM
Tecumseh said...: Even a stopped clock, etc:

Most economists on the left have been trapped in the partisan argument that, because stimulus is always good, deficits are always harmless. Not Strauss-Kahn. He believed that time was running out for the United States to bring its deficits under control. Three big black clouds passed over U.S. bond markets this spring. One was the announcement by Bill Gross of Pimco that he was exiting his T-bill positions. Another was the shift of Standard & Poor’s to a “negative” outlook on U.S. debt. But as important as either of these was the unprecedented warning by Strauss-Kahn’s IMF that the United States had no “credible strategy” for dealing with its debt.; 5/22/2011 6:06 PM
Mr roT said...: That's why he was set up by Bush. Duuuh.; 5/22/2011 7:19 PM

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